| CoinputerNd International |
||||
|---|---|---|---|---|
| Statement ofGash Flows | ||||
| Forthe year ended 31March 2022 | ||||
| 2022 | 2021 | |||
| Net cssn used in operating activities. " |
||||
| Net (expenditure)/income forthe year |
(13,097) | |||
| Add back depreciation charge |
213 | |||
| Add back loss on disposal ofinvestment | ||||
| Decrease/{increase) in stocks |
1,045 | (305) | ||
| (increase)/decrease in debtors |
(37,642) | 40,618 | ||
| increase/(decrease) in creditors |
62,930 | (62.007) | ||
| 13,380 | 253,089 | |||
| Cash flows from investing activities |
||||
| Purchase oftangibie fixed assets | (570) | |||
| Cash flows from financing activities | ||||
| Loan funds received | 50,000 | |||
| Net loan repayments | (7,500) | |||
| Increase in cash and cash equivalents | in the year | 5,880 | 502,6l6 | |
| Reconciflation ofnet debt | ||||
| increase in cash and cash equivalents |
in | the year | 5,880 | 302,519 |
| Cash and cash equivalents brought forward |
463,960 | |||
| Cash and cash equivalents carried forward |
766,676 |
| 2 | Gd | |||
|---|---|---|---|---|
| rants an donations | 2022 | 2021 | ||
| Unrestricted | Unrestricted | |||
| f | f | |||
| Donations - monetary Donations - ICTequipment |
&4,604 206,472 |
42,908 132,480 |
||
| 291,076 | 175,3&8 | |||
| 3 | Income from charitable | activities | ||
| Unrestricted | ||||
| Sales ofdonated ICTequipment Operating system and MS Office software Collection fees ICTrecycling fees Shipping and insuranos income Telecoms and cartridge recycling fees |
384,188 24,691 77,579 62,037 28,6?2 |
231,080 27,29? 21,556 21,229 10,351 14'I |
||
| 577,167 | 311.654 | |||
| Restricted | ||||
| Project delivery | 476,147 | 544,545 | ||
| 1,053,314 | 856,199 | |||
| 4 | Goats ofraising funds | 2022 | 2021 | |
| Unrestrictedf | Unrestrictedf | |||
| Costs ofgenerating donations ofICTequipment Fundraising costs Staftests |
38,961 12,696 39.041 |
5,871 3,626 28,323 |
||
| 37,822 |
| 5 | Expenditure | on charitable | activities |
|---|---|---|---|
| Unrestricted | |||
| ICT equipment collected |
|||
| Shipping and | packaging | ||
| Insurance | |||
| Collection of | ICTequiprnsnt | ||
| Purchase of | ICTequipment | ||
| International | programs | ||
| Partner refurbishment and |
recycling costs | ||
| Partner software licences | |||
| Staffcosts | |||
| Support costs | |||
| Governance | costs | ||
| Restricted | |||
| International | programs |
| Expenditure oncharitable |
activities | ||
|---|---|---|---|
| 2021 | |||
| Unrestricted | |||
| ICT equipment collected Shipping and packaging Insurance Collection ofICTequiprnsnt Purchase ofICTequipment International programs Partner refurbishment and Partner software licences Staffcosts Support costs Governance costs |
recycling costs | 206,472 27.211 2,645 65,759 8,849 13,251 133,584 30,044 199,716 126,626 19,465 |
132,480 6,260 2,426 33,255 8,755 10,622 61,491 26,039 166,233 127.567 1?,196 |
| Restricted | 833,622 | 592,324 | |
| International programs |
433,6'I7 | 187,816 | |
| 1,267,239 | 780,140 | ||
| Supportcosts | 2022 | 2021 | |
| Unrestricted | Unrestricted | ||
| R | f. | ||
| Staffcosts Transport and travel General office costs Accountancy Depreciation Other costs Bad and doubtful debts |
62,450 2,347 32,8?3 14,161 144 7,957 6,674 |
72,656 94 33,069 14,046 213 5,637 1,632 |
|
| 126,626 | 127.567 | ||
| Governance costs | 2022 | 2021 | |
| Unrestricted | Unrestricted | ||
| K | |||
| Staffcosts Audit fees |
15,061 4,404 |
13,?00 3,496 |
|
| 19,465 | |||
| stet (expenditure)ltncome | for the year | 2022 | 2021 |
| Isstated after charging; | R | ||
| Qepreciatian oftangible fixed assets Auditor's remuneration |
144 4,404 |
213 3,496 |
| g | Staffcosts, remuneration | ofkey management | personnel, | and average staff numbers | 2022 | 2OR1 | |
|---|---|---|---|---|---|---|---|
| Staffcosts were as follows | 6 | f. | |||||
| Salaries | 284,706 | ' | 256,077 | ||||
| Social security costs | 25,138 | 24,244 | |||||
| Pension costs | 6,424 | 6,072 | |||||
| 316,268 | 286,393 |
| Chief Executive | Officer |
|---|---|
| Management | |
| Administration | and support |
| Cost | |
|---|---|
| At 1 April 2021 | 1,302 |
| At31 March 2022 | 1,302 |
| Depreciation At 1 April 2021 Charge for the year |
840 144 |
| At 31 March 2022 | 984 |
| Net book values At31 March 2022 |
318 |
| At31 March 2021 | 482 |
| Stock | 2022 | 2021 | |
|---|---|---|---|
| ICTequipment. held |
for resale | 12,880 | 13,925 |
| aebtors | 2022 | 2021 | |
| Accounts receivable Prepayments and accrued income Other debtors |
83,687 16,409 122 |
50,309 12,267 |
|
| 100,218 | 62,576 | ||
| Creditors; amounts | falling due within one year | ||
| Bankloan Accounts payable Social security and other taxation Accruals afld d8f8rr8d income Other creditors |
10,060 79,953 12,873 82,557 6,023 |
7,470 84,510 7 QQQ 20,355 5,612 |
|
| 191,466 | 125,946 |
| Unrestricted | Unrestricted | funds | Restnctsd | |||
|---|---|---|---|---|---|---|
| General | Designated | funds | Total | |||
| Current year | ||||||
| Fixed assets Current asseh Current liabilities Long term liabilities |
289,125 (174,928) (32,440) |
318 | 318 289,125 (174,928) (32,440) |
595,332 (16,538) |
318 885,457 (191,466) (32,440) |
|
| 81,757 | 318 | 82,075 | 579,794 | 661,869 | ||
| Prior year | ||||||
| Fixed assets | 462 | 462 | 482 | |||
| Current assets Current liabilities Long term liabilities |
409,340 (122,162) (42,530) |
409,340 (122,162) (42,530) |
433,640 (3,784) |
842,980 (125,946) (42,530) |
||
| 244,648 | 462 | 245,110 | 429,856 | 674,966 |
| 18 | Movement in funds |
|||||||
|---|---|---|---|---|---|---|---|---|
| At I April | income | Expenditure | Transfers | At 31March | ||||
| e | E | e | E | |||||
| Restricted funds ~capaaty building |
projects: | |||||||
| Dell Technologies | 475,35'I | 97,485 | (199,113) | |||||
| Donations via Charities Trust (Dell projects) |
4,844 | (4,844) | ||||||
| SITA | 187,614 | 203,972 | (130,966) | (128,265) | 132,355 | |||
| Geeks on Wheels | 110,664 | {75,695) | {8,85'I ) | 26,118 | ||||
| Sara Emanuel | 8,000 | (8,000) | ||||||
| The Calleva Foundation | 6,000 | 10.QQQ | (4.539) | (3.062) | 8,399 | |||
| The Arhuaeo Community |
Project | 7,294 | {356) | 6,938 | ||||
| Association of Progressive | Communications | 105 | (1Q5) | |||||
| Utelize | 23,125 | 23,125 | ||||||
| Recycle lT 4U Ltd | 12,556 | (10,297) | 2,259 | |||||
| Mobliciti - Donation for solar learning | hub | 5.000 | 5,000 | |||||
| Opia | 1,207 | (58) | 1,149 | |||||
| Total restricted funds | 677070 | 476,147 | 433,617 | 139.806 | 579.794 | |||
| Unrestricted funds |
||||||||
| Designated fund - tangible |
fixed assets fund | 482 | 462 | |||||
| General fund | (2.566) | 868.893 | (924,520) | 139,806 | 81,613 | |||
| Total unrestricted funds |
2„104 | 868,893 | 924,520 | 139,806 | 82,075 | |||
| Total funds | 674,966 | 1,345,040 | (1,358,137) |
| 1S Movement in funds {continued) |
1S Movement in funds {continued) |
|||||
|---|---|---|---|---|---|---|
| Att April | Income | Expentliture | Transfers | At 31March | ||
| Priar year | K | K | E | |||
| Restricted funds - capacity | building projects: | |||||
| Dell Technologies Donations via Charities Trust (Dell projects) SITA Sara Emanuel The Nairoshi Foundation The Calleva Foundation VMware Association ofProgressive Communications William A Cadbury Charitable Trust Others |
403„813 25,262 1,780 |
297,311 25,147 196,426 8,000 6,502 6,000 4,259 648 250 |
(141,368) (25,147) (12,912) (2,087) (4,259) (543) (1,500) |
(84,405) (21,164) (4,415) (250) (280) |
475,35'I 187,614 8,000 6,000 105 |
|
| Total restricted funds | 430.655 | 544,545 | 187,816 | 110.514 | 677.070 | |
| Unrestricted funds |
||||||
| Designated fund - tangible fixed assets fund Designated fund - investments fund |
105 34 |
357 (34) |
462 | |||
| 323 | 462 | |||||
| General fund | (30,564} | 547,953 | (630,146) | 110,191 | (2,566) | |
| Total unrestricted funds |
30,425 | 547,953 | 630,146 | 110,514 | 2 104 | |
| Total funds | 400,430 | 1,092,498 | (817,962) |
| 20 | Commitments | in respect ofproperty licences | 2022 | |||
|---|---|---|---|---|---|---|
| At 31 March 2022 the Charity had future minimum |
lease payments | under a | ||||
| non-cancellable | property licence as follows: | |||||
| Not later than | one year | 3,075 | 15,375 |
| 31 March 2022 and | its | financial | positio | n as at t | hat date | were as | follows: | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||||
| KES | KES | ||||||||||
| Profit and loss account | |||||||||||
| Income | 4,969,265 | 4,435,624 | |||||||||
| Operating costs | 4,9'l0,919 | 4,278,15'I | |||||||||
| Result forthe year | before tax | 58,348 | 157,473 | ||||||||
| Balance sheet | |||||||||||
| Cash at bank | 212,237 | 4,709,811 | |||||||||
| 212,237 | 4709,811 | ||||||||||
| Creditors: amounts | falling due | within | one year | 148,452 | 4702,371 | ||||||
| Net liabilities | 7,440 | ||||||||||
| The charity provided |
grant | funding | to the | Kenyan | branch | during | the year | amounting | to KES 4,910,919 | (2021: KES | |
| 4,278,151).At 31 | March 2022, the charity wss | owed | KES56,452 (2021:KES715,772)by | the Kenyan branch. |